Lyndonwood Foundation
- Assets
- $690.2k
- Revenue
- $27.5k
- Investments
- $689.1k
- Employees
- 0
- Location
- Chelsea, AL
- Founding
- 10/2014
- Data as of
- 12/2022
- EIN
- 47-1146647
Organization Overview
Lyndonwood Foundation is located in Chelsea, AL. The organization was established in 2014. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lyndonwood Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Lyndonwood Foundation generated $27.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $38.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn M Lummus President | 1 | $0 | |
James F Lummus Vice Pres | 1 | $0 | |
Kathy L Smith Vice Pres | 1 | $0 | |
Jennifer Smith Calhoun Secretary | 1 | $0 | |
John M Lummus Treasurer | 1 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $17,042 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,490 |
| Capital Gain Net Income | $10,490 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $27,532 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,217 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,914 |
| Total operating and administrative expenses | $8,881 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $38,881 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,177 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $690,229 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Lyndonwood Foundation has awarded $30,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
FAIRCHILD TROPICAL BOTANICAL GARDEN PURPOSE: NATIVE ORCHID SPECIES AT LUMMUS PARK | $25,000 |
FLORIDA YOUTH ATHLETICS INC PURPOSE: GENERAL BUDGET | $5,000 |